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Los Alamos Market Status

This is a short note to provide a snapshot of the Los Alamos County housing market, as of January 5th, 2018.

Comparison between the last three months of 2017 to the same months in 2016, of sold-home information

Comparison to Oct 2016 - Dec 2016, of sold-home information

Period

Homes Sold

Days on Market

Average Home Price

Av. Price per SQFT

Oct(16) - Dec(16)

95

38

286,731

139

Oct(17) - Dec(17)

94

34

299,699

155

The signs of improvement in the national housing market scene are now manifesting themselves in the Los Alamos market.
The average home price in the last three months (October - December) and the average price-per-square-foot for these periods are significantly higher than last year's. 33% of the homes (an unusually large percentage) sold in Los Alamos in the last three months, were sold above their asking price, indicating significant competition between offers. As of January 5th, 2018, there are 26 active listings in Los Alamos County. The figure below shows how the number of homes available for sale dipped in recent months. In summary, house sales are picking up, and prices are significantly increasing. The low mortgage rates make this an attractive market for buyers, and the very low inventory makes this a very attractive market for sellers!

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Number of listed available homes in Los Alamos County in recent months